2409 4th Avenue North

St. Petersburg, FL 33713

$930,000
Last Sold Price
9
Beds
4,320 Sq. Ft.
$215 / Sq. Ft.
4,320
Sq. Ft.
$215
per Sq. Ft.

Description

RARE OPPORTUNITY-Welcome to this fantastic, charming 6-unit apartment, located in the heart of Historic Kenwood. This property offers two buildings, in a non-flood zone, presenting a fantastic investment opportunity for those seeking rental income. Each unit is thoughtfully designed, consisting of a 3 BR/1 BA, a 2 BR/1BA and (4)-1 BR/BA providing ample living space. These are BIG units as the front building offers 2640 sq ft and the rear building 1680 sq ft of living space. Four of the six units...RARE OPPORTUNITY-Welcome to this fantastic, charming 6-unit apartment, located in the heart of Historic Kenwood. This property offers two buildings, in a non-flood zone, presenting a fantastic investment opportunity for those seeking rental income. Each unit is thoughtfully designed, consisting of a 3 BR/1 BA, a 2 BR/1BA and (4)-1 BR/BA providing ample living space. These are BIG units as the front building offers 2640 sq ft and the rear building 1680 sq ft of living space. Four of the six units have been updated in the previous 2 years consisting of a variety of new flooring, paint, and new kitchen appliances. The living areas are spacious, comfortable, have high ceilings and have large windows that offer plenty of natural light. In addition, the buildings offers a range of amenities to tenants, including ON-SITE coin operated laundry, street parking, some private parking in the rear building, along with a common area in the center of the buildings. The units have separate electric meters and owner pays water, sewer and trash. The location of these buildings is unbeatable, situated 2 miles from downtown and four blocks from the thriving Grand Central District. With easy access to public transportation, including the new Sun Runner Bus, along with excellent walkability to local bars, restaurants, and shopping, allowing tenants the ease to enjoy all that the city has to offer without ever having to get in their vehicles. Whether a new or seasoned investor, looking to expand your portfolio, this 6-unit building located in a prime location, comes with tremendous upside for a savvy investor. This is a fully occupied, turn-key solution with stable rents in place offering immediate cash flow. Don't miss out on this great investment opportunity! Get it before its gone.
  1. Listed by Timothy Smith • ROBERT SLACK LLC

Property Details for 2409 4th Avenue North

Subdivision Name
ST PETERSBURG INVESTMENT CO SUB
Township
31
Waterfront
No

Location

Listing Courtesy of ROBERT SLACK LLC, Timothy Smith

Sold By ROBERT SLACK LLC, Timothy Smith

Add your commute
LISTING UPDATED: 07/03/2023 09:51 AM

Property Details for 2409 4th Avenue North

StatusSold
MLS #U8192143
Days on Market37
Taxes$12,958 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1925
Lot Size0.15 AC / 6,351 SF
CountyPinellas County

Location

Listing Courtesy of ROBERT SLACK LLC, Timothy Smith

Sold By ROBERT SLACK LLC, Timothy Smith

Add your commute

Building Information for 2409 4th Avenue North

Stories-Residences6Year Built1925Building Size-Lot Size0.15 AC / 6,351 SF

Payment Calculator

$6,155 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,075

Property Taxes

$1,080

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2409 4th Avenue North

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: Take 275, 5th Ave N exit, head east, go south on 24th St N, Go east on 4th Ave N.
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 2409
  • Street Name: 4TH
  • Street Suffix: AVENUE
  • Street Direction Suffix: N
  • State: FL
  • City: ST PETERSBURG
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 4
  • Tax Book Number: 1-16
  • Tax Legal Description: ST PETERSBURG INVESTMENT CO SUB BLK 4, LOT 15
  • Tax Lot: 15
  • Tax Year: 2022
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 50x127
  • Parcel Number: 23-31-16-78390-004-0150
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 2
  • Water Access: No
  • Water Extras: No
  • Zoning: MULTI 5-9
  • Living Area: 4320
  • Lot Dimensions: 50x127
Property and Assessments
  • Year Built Numeric: 1925
  • Flood Zone Code: X
  • New Construction: No
  • Public Survey Range: 16
  • Public Survey Section: 23
Utilities
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Concrete, Wood Frame
  • Exterior Features: Courtyard, Lighting, Rain Gutters
  • Foundation Details: Block, Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Built-Up, Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 9
  • Cooling: Central Air, Wall/Window Unit(s)
  • Fireplace: No
  • Heating: Heat Pump, Wall Furnance
  • Interior Features: Ceiling Fans(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Expenses: $29,020
  • Annual Net Income: $65,048.00
  • Est Annual Market Income: $115,200.00
  • Gross Income: $94,668
  • Total Monthly Expenses: $2,418
  • Unit Count: 6
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 1
  • Unit Type Number Of Units Occupied 1: 1
  • Unit Type Pro Forma 1: 1300
  • Unit Type Type 1: 1 Bed/1 Bath
  • Unit Type Units Total 1: 1
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 2
  • Unit Type Number Of Units Occupied 2: 1
  • Unit Type Pro Forma 2: 1700
  • Unit Type Type 2: 2 Bed/1 Bath
  • Unit Type Units Total 2: 1
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 3
  • Unit Type Number Of Units Occupied 3: 1
  • Unit Type Pro Forma 3: 2100
  • Unit Type Type 3: 3 Bed/1 Bath
  • Unit Type Units Total 3: 1
Unit 4
  • Unit Type Baths Total 4: 1
  • Unit Type Beds Total 4: 1
  • Unit Type Number Of Units Occupied 4: 1
  • Unit Type Pro Forma 4: 1700
  • Unit Type Type 4: 1 Bed/1 Bath
  • Unit Type Units Total 4: 1
Unit 5
  • Unit Type Baths Total 5: 1
  • Unit Type Beds Total 5: 1
  • Unit Type Number Of Units Occupied 5: 1
  • Unit Type Pro Forma 5: 1300
  • Unit Type Type 5: 1 Bed/1 Bath
  • Unit Type Units Total 5: 1
Unit 6
  • Unit Type Baths Total 6: 1
  • Unit Type Beds Total 6: 1
  • Unit Type Number Of Units Occupied 6: 1
  • Unit Type Pro Forma 6: 1500
  • Unit Type Type 6: 1 Bed/1 Bath
  • Unit Type Units Total 6: 1
Rental
Rental Information
  • Tenant Pays: Electricity
  • Total Actual Rent: $7,839
  • Pets Allowed: Yes

Property History for 2409 4th Avenue North

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2409 4th Avenue North

Taxable ValueLand-Additions-Total-
Tax Record2023$13,724 ($1,144 / month)
Home Facts
Baths6Total Finished SqFt2,640 SqFtAbove Grade Finished SqFt2,640 SqFtStories1Lot Size6,351 SqFtStyleTriplexYear Built1925Year Renovated1993CountyPINELLASAPN23-31-16-78390-004-0150

Schools near 2409 4th Avenue North

This home is within Pinellas.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Woodlawn Elementary School
PublicPK to 5

John Hopkins Middle School
Public6 to 8

St. Petersburg High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ROBERT SLACK LLC, Timothy Smith

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 07/03/2023 09:51 AM